Management Rights - Idyllic Lifestyle with Income

Cotton Tree, Maroochydore, QLD
Medium Rise 4 Star
Total Price: $890,000
Net Profit: $85,733
 

Financials

Business Price : $345,000
Manager's Unit Price: $545,000
Total Price: $890,000
Net Profit: $85,733
Body Corporate Salary: $17,316
Body Corporate Salary Review: CPI
 
 
Modern 5 storey centrally located complex. This business offers light, bright and breezy 2 & 3 bedroom holiday apartments all within 1 minutes walk to cafes and shops, patrolled surf beach and surf club, bowls club, tennis club and library. Well known Sunshine plaza is only 2 Kms away. If you are looking for a good solid reliable income while enjoying the relaxed atmosphere of the  surrounding facilities why not consider this opportunity. It can easily be run by one person. The business has been operating for 9 years, it has great return guests, lots of forward bookings and enables you to earn an income from the 1st day you take over. You will also receive full training from the current on-site manager. So if you are a first time buyer or someone looking to downsize this could be exactly what you are looking for.  
 
To change your life phone Ian White on 0428 757 613
 
 

Letting Pool Breakdown

Total Units In Complex: 12
 

Inside Letting Pool

Permanent: 0
Holiday: 8
Corporate: 2

Outside Letting Pool

Lock Up: 0
Outside Agents: 0
Self Managed: 0
Owner Occupied: 2
 

Manager's Unit and Office

Unit Size: 3 Bedroom 2 Bathroom

The air conditioned managers unit which has 9' 6" ceilings is huge. The kitchen has 2 way entry, granite benchtops, stainless steel appliances, 2 pac cupboards, there is even plumbing for an ice making refrigerator to be installed. With seperate dining and spacious lounge/living you"ll have plenty of room to move. The large master bedroom flows to a walk through robe into the ensuite making it feel like a home not a unit. Both other bedrooms are a good size allowing you to invite family or friends to stay over. With the 2nd bathroom having a spa, the pool and bbq area located nearby, you"ll think you are on holidays not at work.
 
 
 
 
 
 
 
 
 
 
 
 
 

Agreement Term: 25
Years To Run: 16

Office Reception: On Title
Office Hours: No set office hours
Office Computer: Yes
Office Software: Puma
Storage: 2 lock-up areas
 

Facilities

  • Swimming Pool
  • Cable
  • Barbecue
  • Broadband
  • Undercover secure parking
 
 

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